Kyle T. Larkin - Apr 24, 2025 Form 4 Insider Report for GRANITE CONSTRUCTION INC (GVA)

Signature
/s/ Betty Kwong, attorney-in-fact for Kyle T. Larkin
Stock symbol
GVA
Transactions as of
Apr 24, 2025
Transactions value $
-$546,090
Form type
4
Date filed
4/28/2025, 04:32 PM
Previous filing
Mar 25, 2025
Next filing
May 1, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GVA Common Stock Sale -$223K -2.79K -2% $80.02 136K Apr 24, 2025 Direct F1, F2, F3
transaction GVA Common Stock Sale -$32.1K -401 -0.29% $80.05 136K Apr 25, 2025 Direct F4, F5
transaction GVA Common Stock Sale -$291K -3.62K -2.66% $80.38 132K Apr 28, 2025 Direct F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The reported sale of 2,790 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 12, 2024.
F2 The price reported represents the weighted average price. These shares were sold in multiple transactions at prices ranging from $80.00 to $80.09, inclusive. The Reporting Person undertakes to provide the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares sold at each separate price within the range.
F3 Total adjusted to include dividend equivalents (DEUs: 48 - 4/15/25) credited to the Reporting Person under the dividend reinvestment feature of Granite Construction Incorporated's equity plans since the Reporting Person's last report.
F4 The reported sale of 401 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 12, 2024.
F5 The price reported represents the weighted average price. These shares were sold in multiple transactions at prices ranging from $80.05 to $80.26, inclusive. The Reporting Person undertakes to provide the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares sold at each separate price within the range.
F6 The reported sale of 3,617 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 12, 2024.
F7 The price reported represents the weighted average price. These shares were sold in multiple transactions at prices ranging from $80.07 to $80.70, inclusive. The Reporting Person undertakes to provide the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares sold at each separate price within the range.